Nokia Chairman Envisions A Future Following Microsoft Deal

by Wochit
0:37 mins

Nokia Chairman Envisions A Future Following Microsoft Deal

by Wochit
0:37 mins

What will be left of Nokia once Microsoft buys its mobile devices and services division? Chairmain Risto Siilasmaa says the company's future will be shaped by three businesses. As a result of the recent deal between Microsoft and Nokia, 32,000 of Nokia's 88,000 employees and little less than half of its trailing 12-month revenues will move to Microsoft, Siilasmaa said in a company blog post. The chairman called this a "transformational change for Nokia" but offered his assurances that the company will remain strong.